https://www.taxtmi.com/caselaws?id=243028 The Tribunal dismissed the Revenue's contentions in both appeals (ITA No.2692/Ahd/2010 for AY 1996-97 and ITA No.2693/Ahd/2010 for AY 2006-07) and upheld the decisions of the CIT(A). The Revenue's challenges regarding the exclusion of erection and installation charges for deduction under Section 80HHC, reduction of net interest, applicability of the Asian Star case decision, and allowance of excess expenditure claimed by the assessee were all rejected. The Tribunal found no new evidence or arguments to warrant a deviation from established legal precedents, leading to the dismissal of the appeals in their entirety. en-us Thu, 31 Oct 2013 00:00:00 +0530 Sat, 25 Jan 2014 15:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243028 The Tribunal dismissed the Revenue's contentions in both appeals (ITA No.2692/Ahd/2010 for AY 1996-97 and ITA No.2693/Ahd/2010 for AY 2006-07) and upheld the decisions of the CIT(A). The Revenue's challenges regarding the exclusion of erection and installation charges for deduction under Section 80HHC, reduction of net interest, applicability of the Asian Star case decision, and allowance of excess expenditure claimed by the assessee were all rejected. The Tribunal found no new evidence or arguments to warrant a deviation from established legal precedents, leading to the dismissal of the appeals in their entirety. Case-Laws Income Tax Thu, 31 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243028